Fantasy

Fantasy

Online platform that caters to sports enthusiasts and betting aficionados alike.

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$4.3m

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Total Funding000k
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Fantasy.top operates as a SocialFi (Social Finance) trading card game, merging the dynamics of fantasy sports with the crypto-influencer sphere on the X platform. Launched in its beta version on May 1, 2024, the platform was co-founded by individuals known by the pseudonyms Travis Bickle and kipit. The founders have a background of building in the crypto space for three years prior to launching Fantasy.top, which informed their ability to ship and execute quickly.

The company's business model is centered around a play-to-earn game built on the blockchain. Initially launched on the Blast network, it has since migrated to the Base network, an Ethereum Layer 2 solution. Users, primarily crypto enthusiasts and gamers, collect and trade non-fungible token (NFT) cards representing real-world crypto influencers, referred to as 'Heroes'. These players then assemble a team of five 'Heroes' to compete in tournaments where points are awarded based on the real-time social media engagement of the influencers on X, such as views, likes, and retweets. The platform's revenue is generated from a 3% fee on every card trade, half of which goes to the company's treasury. Additionally, it takes a percentage of the sales from card packs.

The core product is the trading card game itself. Each 'Hero' card has different rarity levels (Common, Rare, Epic, and Legendary) which apply multipliers to the points earned in tournaments. Players can purchase these NFT cards from a marketplace or in packs containing random cards. They can also upgrade their cards by burning five identical ones, enhancing their potential in tournaments. The rewards for successful tournament participation include ETH, Blast Gold, and the platform's native currency, FAN points. Influencers, or 'Heroes', are incentivized to participate as they earn 1.5% from the trading volume of their card and a share of the revenue from pack sales. This structure has attracted significant trading volume and a substantial user base shortly after its launch.

Keywords: SocialFi, NFT trading card game, play-to-earn, crypto influencers, fantasy sports, blockchain gaming, Blast network, Base network, digital collectibles, player-vs-player tournaments, FAN points, ETH rewards, crypto gaming, influencer monetization, social media engagement, NFT marketplace, web3, decentralized finance, hero cards, tournament rewards

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